The Bush administration announced today that R. Glenn Hubbard, the Russell L. Carson Professor of Economics and Finance, has been nominated to the Council of Economic Advisers (CEA). Upon confirmation, Professor Hubbard will be appointed chairman of the three-member panel. The CEA advises the president on economic policy and trends.
A renowned scholar and teacher, Professor Hubbard joined Columbia Business School in 1988 and teaches courses in tax policy, money and financial markets, and entrepreneurial finance. Professor Hubbard has consulted with numerous corporations and governmental agencies including the Federal Reserve Board and the Federal Reserve Bank of New York. Head of the tax policy program at the American Enterprise Institute, he is also a scholar at the National Bureau of Economic Research and a prolific author.
Professor Hubbard worked in the early 1990s as a deputy assistant treasury secretary in the administration of former President Bush. During the recent presidential campaign, Professor Hubbard worked with then-Governor George W. Bush on developing economic policies.